TSA Land Sdn. Bhd.

Sanction of 3 ex-directors of National Arts (ex-8228)
SEHK, 24-Sep-2024
In 2 deals worth HK$108.8m, the company issued shares to buy companies which had not yet paid for properties under development in Malaysia. The vendors of the companies defaulted on their obligations to complete the purchases.
National Arts (8228) buys Malaysian property vehicle guaranteed by Frankie Leung Tak Chee for HK$18.8m in new sharesCompletion
Company announcement, 29-Nov-2021
The share issue completely exhausts the 20% general mandate. A supplemental announcement discloses that the vendor is owned by Mr Tong Yu Jang. 10 days earlier, the same vendor sold another property vehicle which has agreed to buy units in the same project, to Hong Wei (8191).
Hong Wei (8191) buys Malaysian property vehicle for HK$16m promissory note
Company announcement, 19-Nov-2021
The owner of the vendor is a Mr Tong Yu Jang.

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